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Renton Medical/Office Flex Space
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263 Rainier Ave S, Renton, WA 98057

Versatile medical/office flex space in downtown Renton.

Space Size3,469 SF - 8,122 SF
Lot Size0.66 Acres
Days on Market820

Property Features for 263 Rainier Ave S

General Information

Standard status Active
Size 3,469 SF - 8,122 SF
Lot size 0.66 Acres
Property subtype OFFICE

Spaces For Lease

at 263 Rainier Ave S Contact us

Medical/Office For Lease $18/SF/Yr

Floor
2
Size
3,469 SF
Type
OFFICE
Lease Type
NNN
Availability
PENDING
Versatile medical/office flex space in the heart of downtown Renton. Building consists...
show more
Contact us

Medical/Office For Lease $18/SF/Yr

Floor
2
Size
8,122 SF
Type
OFFICE
Lease Type
NNN
Availability
PENDING
Versatile medical/office flex space in the heart of downtown Renton. Building consists...
show more
Contact us
Listing Agency: Rob Gasca Real Estate Group
Listed By: Robert Gasca
Source: Moodyscre
Added: May 15, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rob Gasca Real Estate Group

Investment Insights

Based on property information with market context.

This versatile medical/office flex space is located in downtown Renton. The building features newly renovated common area restrooms, an elevator, and is entirely ADA compliant. Large bay windows provide natural light and views throughout the building. Unit 200 offers an estimated floor size of 8,122 square feet with built-out exam rooms, conference rooms, private offices, and a reception area. Unit 201 is in grey shell condition with a fully open floorplan and an estimated 3,469 square feet. The property is accessible to Rainier Ave, I-405, I-5, and SR 167.

Key Highlights

  • Large, versatile space (8,122 sq ft built‑out Unit 200 & 3,469 sq ft grey shell Unit 201) suitable for medical/office use.
  • Prime downtown Renton location.
  • ADA compliant building with elevator and renovated common area restrooms.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98057, WA

13,493
Population
6,656
Households
2
Avg Household Size
38
Median Age
34%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
2,176
Density / Sq Mi
$68,097
Median Household Income
$53,994
Median Earnings
$1,767
Median Rent
$606,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile medical/office flex space in downtown Renton.
Where is this flex space located?
The property is located at 263 Rainier Ave S Renton, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Large, versatile space (8,122 sq ft built‑out Unit 200 & 3,469 sq ft grey shell Unit 201) suitable for medical/office use.; Prime downtown Renton location.; ADA compliant building with elevator and renovated common area restrooms.
(425) 766-3054 Call to check price and availability
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